as per amemdement in finance act 2015
in case of chit fund bussiness whether service tax liable on only foreman commission or chit installment
siva nagi reddy .p (Service) (53 Points)
10 June 2015as per amemdement in finance act 2015
in case of chit fund bussiness whether service tax liable on only foreman commission or chit installment
Rama chary Rachakonda
(Master in Accounts & Lawyer email ID:ramachary64@gmail.com voice no:9989324294)
(3427 Points)
Replied 25 June 2015
service tax shall be paid by the chit fund foremen at full consideration received by way of fee, commission or any such amount. They would be entitled to take cenvat credit,
Sarfraz Khan
(B.Com)
(21 Points)
Replied 13 July 2015
Dear Sir,
I am working in a transportation company. Can you please confirm what would be the Freight for Service Tax Rate, we charge 30% if its right then can you please tell me from which date this rate is applicable.
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